Welcome to Uptoberfest

[Botnake]

This is a welcome break from the bears.

If you notice what is happening, every time BTC drops bears come out of hiding and tries to create FUD.

Instead of buying in that FUD, the time proven strategy is just keep holding your current position and if you do have the liquidity to do so, continue to dollar cost average into BTC. Given the increasing scarcity and improvements in the technology, it is inevitable that price rises in the long run.

I really feel the same. We had so many people shorting that eventually it turned to something that is a very big trouble and that is why I am very relieved that we are doing fine right now. Yes it is still not good enough and there are times it has corrections and that is why there is always a situation where we are going to not know what is going to happen.

I understand that we are not going to have any situation that we would know beforehand. However, it is cool to finally see it doing fine, yes it is not going to be like this forever and we are going to have to live with the situation where it is not going to be good so we are going to have a bad situation eventually but it is basically good right now and I am looking at the good part for now and not the horrible part that may come up in the future. Let's hope that this continues for a long time.

We have touched already the last quarter of the year and it is by this time that bullish season will about to start. And i think the market will be bullish until the end of the year. So continue holding what's in your portfolio, you'll be in huge profits by then.

However, the market crash will definitely appear this time as it become so visible every time the market is heading to its bull run. But never attempt to end up panic selling because you start seeing the prices falling. I know its just a market trap and any one who falls for it will eventually be seeing themselves in a huge loss. So just keep holding your current position.

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[STT]

Its unresolved sideways I think, the recent low is part of a pattern but nothing significant enough to be solid and sure of.   My take is its still working itself out, as always the fastest gains dont last forever they do require working out which sometimes is just drifting sideways as neither seller nor buyers are in absolute control.
   Lets give it a range of positive and negative boundary, that would be something like 58k below where negative caution is required, it might sell further or 62k above is where I think we can just bounce back and forth not yet solidifying gains to build on.

[agustina2]

I agree with some pointers. Since I enter crypto in early 2016, the usual trend in the last quarter of every year is an uptrend. Based also on past, after the bull trend at the last quarter, expect corrections the quarter later which is next year.

Always consider taking profits if it's right to do so. Holding is good but make a wise decision to sold some.

[Rajamuda]

This October has indeed been seen as the beginning of the Bitcoin sign at ATH and continues to show positive signs of the pattern shown, well even though it is caused by certain effects... basically the history of Bitcoin price movements at the highest is still not finished, of course already many people out there sitting around enjoying to keep holding their Bitcoin till reach the target where they have to sell it. And congratulations to those of you who have been holding for a long time from the previous year or months until now we see that it is like giving the green light.

[Yamifoud]

It was just been while that we saw Bitcoin at $50k but all of a sudden it reaches $60k almost near to the last ATH this year. Uptoberfest has come to reality and I believe the majority are enjoying the moment but some are also in regret for selling too early.

This October has indeed been seen as the beginning of the Bitcoin sign at ATH and continues to show positive signs of the pattern shown, well even though it is caused by certain effects... basically the history of Bitcoin price movements at the highest is still not finished, of course already many people out there sitting around enjoying to keep holding their Bitcoin till reach the target where they have to sell it.

I don't look at its history and check it every month but most of the time we have a price rally during the Christmas season and off again in late December. It might be the same scenario again this year and holding will seem to give us more profit as a reward for being patient.